India''s Trade Will Gain From Growing Eastern Economies

Chennai: India''s export growth will push forward if the country leveraged opportunities existing in the eastern economies, said the former Secretary, Ministries of Petroleum and Finance, Dr S. Narayan. Delivering the inaugural address at the seminar on ''Current business opportunities for India in Malaysia and Singapore'' conducted by the Madras Chamber of Commerce and Industry (MCCI) and the South India Chamber of Commerce and Industry (SICCI), even though trade with the US and European nations had been growing, it was necessary to note similar growth happening in trade with China and South East nations. Trade as a percentage of GDP has touched about 40 per cent and therefore it was essential for India to know the happenings in the rest of the world.